Did you know that running a piece of equipment to the point of failure could cost up to 10 times as much as a regular maintenance program would? A Predictive Maintenance plan can help. (Buildings.com, 2018).
Predictive maintenance, which is aimed at reducing the likelihood of failures and, as a result, avoid costly downtime and lower maintenance costs – comes to the fore when companies address asset management. PdM can be implemented by monitoring the condition and performance of equipment during its normal operation, and using sensor technology and computerized maintenance management system (CMMS) software.
Alongside the sensors, Predictive Maintenance software can access a number of different data sources in real time, which can then predict asset failure or quality issues. These solutions use predictive analytics to detect any anomalies and failure patterns, determining where any problems or failures are likely to occur.
Predictive maintenance offers a whole host of advantages over its more basic relative "preventive maintenance", because it responds to the actual status of equipment instead of relying on pure averages. As well as increased plant safety, plant availability and service life, these advantages naturally also include the resulting cost savings. The often very painful consequences of unexpected equipment failure will largely be avoided in the future.
Predictive maintenance is highly cost effective, saving roughly 8% to 12% over preventive
maintenance, and up to 40% over reactive maintenance, according to the U.S. Department
of Energy). Predictive analytics yields a tenfold return on investment, and it results in a savings of 30% to 40%.
If you are tired of rising repair costs and the waste of time and money when your machines break down, then a predictive maintenance plan is the right answer for you. Contact RILCO to learn more about our RELIABILITY & PREDICTIVE MAINTENANCE SERVICES (RPMs) division and these services:
- High Resolution Vibration Analysis
- Oil Analysis
- Infrared Thermography
- Steam Trap Survey
- Ultrasonic Leak Detection
- Precision Alignment
- Precision Balancing
- Static Motor Circuit Analysis
- Online Motor Circuit Analysis
- Flammable Gas Leak Detection
- Ball Bar Analysis
- Motion Amplification Analysis
- Condition Based Lubrication
- Visual Oil Analysis/Labor Cost Reductions
- Desiccant Breather
- Reliability Assessments